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Manufacturing gathers pace
2010-9-3
source:China Daily
Manufacturing in China grew at a faster pace in August after the weakest performance since early 2009 in July.
 
 
The purchasing managers' index rose to 51.7 from 51.2, exceeding forecasts, a government-backed report showed. Seasonal factors might have had an effect because the index typically gains as factories restart following July maintenance, Mizuho Securities Asia Ltd said.